Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
Moving products and services efficiently from one place to another requires logistics management. The same supply-chain management strategy is used in global logistics-only the number of variables is amplified. One of the best definitions of business logistics is “the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption.” The word “logistics” dates back more than 100 years, though we tend to equate the term now to the modern processes and technologies that have expedited materials management and distribution. The advantages to developing effective global logistics are many: new revenue opportunities from new markets is the most obvious, but there may also be increased economies of scale, and lower cost sourcing for everything from components to labor. Centralizing global production is one of the best ways to lower per-unit costs and resource budgets. The challenge comes in establishing relationships with international supply-chain partners, and/or building a global sales organization. It’s not enough to put all the pieces in place; it must be done in a way that maintains quality control across longer transit distances and transit times, and that delivers products to the end user at a reasonable value. The longer the supply chain, the more vulnerable it might be to damage or delivery interruptions caused by weather, equipment failure or other obstructions. While global logistics can be modeled, analyzed, visualized, and optimized with sophisticated simulation software, this is a procedure that will always be more reliant on human resources than machines to get the job done.
Driving Business Efficiency Through Supply Chain Visibility
In a dynamic business landscape, supply chain efficiency is pivotal to an enterprise’s success. Organizations will increasingly look to leverage… Read More
Shanghai Air Cargo Handler Had Record 2015
Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) expects to have set a new record for freight volumes in… Read More
Port of Houston Posts Record Container Volume in 2015
The Port of Houston Authority (PHA) surpassed two-million twenty-foot-equivalent units (TEUs) handled in 2015 by mid-December, setting a new record… Read More
UPS Boosts Airlift Capacity To and From Czech Republic
UPS has substantially increased its air express volume capacity into and out of the Czech Republic by introducing a UPS… Read More
Fighting the Status Quo in Your Logistics Department
“The riskiest thing we can do is just maintain the status quo.” That’s a quote from Disney CEO, Bob Iger,… Read More
Pelican BioThermal Announces Crēdo on Demand General Availability
Pelican BioThermal, a global leader providing the broadest and most innovative range of temperature-controlled packaging solutions serving the life sciences… Read More
Port Bronka and CMA CGM Sign Long-Term Agreement for Container Cargo Handling
Port Bronka, on the outskirts of St. Petersburg, Russia, and CMA СGM, the France-based container shipping giant, have signed a… Read More
Decline in Air Freight Volumes Bottoms Out
The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes, measured in freight… Read More
Prologis Acquires Intermodal Logistics Facility at Interporto Bologna
Prologis, Inc., has announced that Prologis European Properties Fund II has acquired an 86,000 square foot intermodal logistics facility at… Read More
Neovia Logistics Awarded Five-Year Contract with Automotive Manufacturer
Neovia Logistics has entered into a five-year agreement with BMW of North America to provide labor services for the automaker’s… Read More
CSX Outlines Plans for North Carolina Intermodal Hub
CSX has outlined plans to develop a major freight-rail intermodal terminal to boost the economy of the region surrounding Raleigh, North… Read More
Deutsche Post DHL Group Acquires Minority Stake in French Ecommerce Logistics Specialist
Deutsche Post DHL Group, the mail and logistics company, plans to invest in a minority stake in Relais Colis, a… Read More
« Previous 1 … 473 474 475 476 477 … 543 Next »